The Chemours Co (NYSE: CC) stock closed at $20.80 on 9/26/24 after a major increase of 11.3%. Moreover, above average trading volume at 142% of normal accompanied the advance. The stock has risen 12.6% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Chemours has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Chemours has a neutral Appreciation Score of 59 but a very low Power Rating of 1, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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